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Individual Life Pricing Consultant

Job Opportunity: Individual Life Pricing Consultant

A leading insurance firm, is currently seeking an experienced and detail-oriented Individual Life Pricing Consultant for a contract position within their Actuarial department.

Role & Responsibilities:

  • Develop pricing strategies and models for individual life insurance products.
  • Analyze statistical data to forecast risk and liability for payment of future benefits.
  • Modify existing software and systems to ensure the accurate pricing of new or modified products.
  • Prepare actuarial reports and findings to present to senior management and stakeholders.
  • Collaborate with underwriting, product development, and finance teams to ensure the integration of pricing models.
  • Maintain knowledge of industry trends and regulatory changes affecting insurance pricing.

Key Skills:

  • Profound expertise in Pricing Actuary standards and methodologies.
  • Hands-on coding experience with actuarial software and tools.
  • Strong analytical and problem-solving abilities.
  • Excellent communication and interpersonal skills for effective collaboration.
  • Ability to manage multiple projects and meet tight deadlines.
  • Attention to detail and a high level of accuracy.